2024 Inflation Rate Canada Vs Us. The persistence of inflation despite central bankers raising interest rates consistently for years points to some novel features of the current. In 2024, global inflation is projected to decline to 5.8%, down from a 6.8% estimated annual average in 2023.
We assess both the us and canadian nominal neutral rates to be in the range of 2.25% to 3.25%, somewhat higher than the range of 2.0% to 3.0% in 2023. On a yearly basis, the cpi rose 2.9%, its lowest yearly growth rate since.